Rulings
NCLAT: Clarifies regarding Govt. dues in DHFL insolvency matter, substitutes NCLT direction
NCLT: Investor cannot be treated as ‘Financial Creditor’, dismisses insolvency application
NCLAT: NCLT order providing exit-option without deciding oppression-mismanagement allegations, “unjustified”; Remands matter
NCLT: Directs restoration of struck-off company, observing substantial assets to restart business
NCLT: Rejects homebuyers’ insolvency initiation application for failure to meet minimum threshold
HC: Directs award-debtor to disclose assets for award-execution, absent stay on award
HC: Quashes ED Assistant-Director’s communication impeding Tehsildar from issuing revenue-receipts for unattached properties
SC: Quashes Tribunal Reforms Ordinance provisions prescribing 4-year tenure, 50 years age criteria for Chairperson/Members
SC: Unitholders' consent a prerequisite for winding-up Franklin Templeton schemes; Upholds MF Regulations’ constitutionality
NCLT: Reckon Parent company’s assets as WOS’s for CIRP, given no “worthwhile assets” with subsidiary